New Bedford Insurance Rates:
New Bedford, MA homeowners insurance is roughly $865 to $1,172, about $72-$97/month. Our detailed guide reveals consumers can save upto $407 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
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Home Insurance Companies in New Bedford, MA: Customer-Reviewed Options
Top Home Insurance Agents Near New Bedford, MA
| Home Insurance Company Near New Bedford, MA |
Homeowners Insurance Agency Near New Bedford, MA |
Address |
| Liberty Mutual Independent |
Christopher & Regan Ins Inc |
1130 TEN ROD RD STE B202, NORTH KINGSTOWN, RI, 2852 |
| Travelers |
Commonwealth Ins Partners Llc |
25 NEWPORT AVE EXT 1ST FL, NORTH QUINCY, MA, 2171 |
| Travelers |
K D Hicks Insurance |
20 Park Plz Ste 4Th Fl, Boston, MA, 2116 |
New Bedford, MA Auto & Homeowners Insurance Bundling Discounts
| Place |
1 Car Bundle Savings On Insurance |
2 Car Bundle Savings On Insurance |
3 Car Bundle Savings On Insurance |
| Acushnet Center CDP, Massachusetts |
$154 |
$205 |
$308 |
| Smith Mills CDP, Massachusetts |
$155 |
$206 |
$309 |
| Fairhaven town, Bristol County, Massachusetts |
$155 |
$206 |
$309 |
New Bedford, MA Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
| New Bedford, MA | 5% | 14.9% |
| Acushnet Center | 4.82% | 14.25% |
| Smith Mills | 4.97% | 15.78% |
| Fairhaven | 5.18% | 15.69% |
New Bedford Renters Insurance as a Percentage of Rent
| New Bedford Home By Monthly Rent |
Total Homes |
% of Total |
Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|
| Less than $200 |
581 |
2.0% |
$367 |
| $200 to $299 |
1,455 |
6.0% |
$817 |
| $300 to $499 |
2,325 |
10.0% |
$1267 |
| $500 to $749 |
6,141 |
28.0% |
$1942 |
| $750 to $999 |
6,898 |
31.0% |
$2692 |
| $1,000 to $1,499 |
3,908 |
17.0% |
$3817 |
| $1,500 or more |
412 |
1.0% |
$5467 |
New Bedford, MA Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible |
|---|
| Deductible | $700 | $1,700 |
| Yearly New Bedford Homeowner Insurance Premium Example | $1,600 | $1,400 |
| Out of Pocket Expense During Claim | $700 | $1,700 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim |
$13,500 | $12,900 |
| Net Savings to New Bedford Home Owner from High Deductible Plan |
$600 |
New Bedford, MA Home Insurance Costs With Home Replacement Value Scenarios
| Scenario |
New Bedford, MA Home Replacement Value MORE than Home Value |
New Bedford, MA Home Replacement Value LESS than Home Value |
| Replacement Value |
$271,500 |
$180,000 |
| Insurance Premium based on Replacement Value |
$2,275 |
$1,500 |
| Risk Exposure from Under Insuring Coverage |
Unnecessary Home Insurance Coverage of $37,000 |
Risk Exposure from Under Insuring Coverage is $54,500 |
| Premium Impact |
Insurance cheaper by $450/year |
Insurance costlier by $325/year |
Example New Bedford Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company |
Allstate | State Farm | Amica Mutual Insurance Company |
| Monthly Premium |
94 | 137 | 293 |
| Year Built |
1968 | 1947 | 1962 |
| Home Details |
2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 1 Baths |
| Coverage Amount |
$125000-$150000 | $250000-$300000 | $400000-$500000 |
| Deductible |
$500- $1000 Deductible | $500- $1000 Deductible | $500- $1000 Deductible |
Save More on Home Insurance in New Bedford, with Our Informed Analysis